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Nonprofit · EIN 20-1030638

MATHER FOUNDATION

Tax-exempt · EVANSTON, IL 60201

Financials

$66.6M$23.4M2024
Revenue Expenses · by fiscal year end
Financials of MATHER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$66,562,780$23,384,787$43,177,993$807,575,812$110,472,031$697,103,781
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$30,504,740
Program service revenue
$0
Investment income
$36,058,040
Net gain from sales of assets
$20,011,050
Other revenue
$0

Expenses

Grants and similar amounts paid
$16,432,284
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$16,432,284
Management and general (functional)
$6,952,503

Balance sheet and other

Total assets, start of year
$733,657,489
Total assets, end of year
$807,575,812
Total liabilities, end of year
$110,472,031
Net assets, end of year
$697,103,781
Publicly traded securities
$328,820,258
Net assets without donor restrictions
$650,230,551
Net assets with donor restrictions
$46,873,230
Gross unrelated business income
$47,068
Gross receipts
$134,225,730
Employees
0
Volunteers
12
Year formed
2004
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARY G LEARYPRESIDENT & CEO
Trustee or director, Officer
10$0$1,875,195$186,725
CHRISTOPHER MANELLASVP FINANCE & TREASURER
Officer
2$0$511,159$57,876
MARY SCHOEGGLCFO
Officer
15$0$409,108$52,623
JULIE RIGGSSECRETARY
Officer
5$0$211,471$48,577
CAROL L SUSSENBACHFORMER CFO
Former
0$0$195,895$0
JOHN R PHILLIPSCHAIRMAN
Trustee or director, Officer
4$0$0$0
GRAHAM W ATKINSONDIRECTOR - THRU 03/2024
Trustee or director
2$0$0$0
TIMOTHY L BURKEDIRECTOR
Trustee or director
2$0$0$0
TODD BURNSDIRECTOR - AS OF 08/2024
Trustee or director
2$0$0$0
GLORIA CASTILLODIRECTOR
Trustee or director
2$0$0$0
JENNY CHANDIRECTOR
Trustee or director
2$0$0$0
JACK CHANDLERDIRECTOR
Trustee or director
2$0$0$0
MICHELLE L COLLINSDIRECTOR
Trustee or director
2$0$0$0
PAULETTE R DODSONDIRECTOR
Trustee or director
2$0$0$0
MICHAEL G MCGEEDIRECTOR
Trustee or director
2$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
SUMATI MURLIDIRECTOR
Trustee or director
2$0
SCOTT C SMITHDIRECTOR
Trustee or director
2$0
TERENCE J TOTHDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1560 SHERMAN AVE STE 1010, EVANSTON, IL 60201-4803
In care of
% CAROL SUSSENBACH
Principal officer (990 for 2024)
MARY G LEARY, 1560 SHERMAN AVENUE 1010, EVANSTON, IL 60201
Signed the 990
MARY G LEARY, PRESIDENT & CEO
Phone
(847) 492-7500
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

MATHER FOUNDATION SERVES AS THE PARENT ENTITY FOR THE MATHERORGANIZATIONS TO HOLD, INVEST AND PRESERVE FUNDS, WHICH ALLOWS THEORGANIZATIONS TO PROVIDE HOUSING, HEALTH CARE, COMMUNITY PROGRAMS,RESEARCH AND EDUCATION AND OTHER SERVICES (CONTINUED IN SCHEDULE O)THAT ENHANCE THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL.

990 for the year ended December 31, 2024

Program accomplishments

  • MATHER FOUNDATION SERVES AS THE PARENT ENTITY FOR THE MATHERORGANIZATIONS TO HOLD, INVEST AND PRESERVE FUNDS, WHICH ALLOWS THEORGANIZATIONS TO PROVIDE HOUSING, HEALTH CARE, COMMUNITY PROGRAMS,RESEARCH AND EDUCATION AND OTHER SERVICES THAT ENHANCE THE LIVES OFOLDER ADULTS BY CREATING WAYS TO AGE WELL.
    Expenses $16,432,284 · grants $16,432,284

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1030638
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E19)
Assets (IRS master file)
$807,575,812
Income (IRS master file)
$134,225,730

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990-TDecember 2024–––IRS
990December 2023$44,153,743$24,274,710$733,657,489IRS
990-TDecember 2023–––IRS
990December 2022$45,714,129$25,172,288$667,352,452IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about MATHER FOUNDATION

What is the EIN of MATHER FOUNDATION?
The employer identification number (EIN) of MATHER FOUNDATION is 20-1030638.
Is MATHER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to MATHER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does MATHER FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MATHER FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MATHER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MATHER FOUNDATION?
The 990 for the year ended December 31, 2024 names MARY G LEARY.
Who are the officers and directors of MATHER FOUNDATION?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does MATHER FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $66,562,780, expenses of $23,384,787 and total assets of $807,575,812 at year end.

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